So when a seller asks me how I came up with a selling price for their waterfront North Kingstown home, there is no simple answer since it

Lessons Learned- North Kingstown Home Pricing

depends on the RI real estate home… but I price a home to sell and not languish on the market for 365+ days like many other North Kingstown Real Estate Agents do. I take the seller through the comparable homes that sold, the expired listings that did not sell or remain on the market at the price point the seller ‘thought’ was right.

In addition, I look at the pricing of the current waterfront/water view home competition and where they are currently priced and weigh the similarities and differences as compared to the would be clients home.

It is a known Real Estate Agent fact that stale dated inventory of waterfront and water view homes that keep having downward price adjustments ‘following’ the market instead of being ‘before’ the market raise all sorts of questions in buyers’ minds. It truly takes three key ingredients for waterfront and water view buyers to find that right home: location, price and condition.

Why not work with a North Kingstown Real Estate agent who prices the homes right for final sales price and within 99% of asking prices on homes sold initially? My method for listing luxury waterfront and water view homes is tried and true. My job is to sell your home and I can do it to the utmost degree if the waterfront or water view North Kingstown home is priced right.

I prefer not to have my ‘FOR SALE’ sign hanging out there for an extended time period and then oh, guess what extend yet again. I see sellers take this course of listing time and after time with the same Real Estate Agent who could NOT sell the home initially for you the seller. Where is the logic in this for a home seller? It is time to use a more resourceful Real Estate Agent and understand the North Kingstown RI real estate market we are in.

Are you investing in the real estate mythology of ‘Realty Company’ names as if that makes a home sell? Do not be sold out to a real estate company which tells you what you want to hear on PRICE so that they obtain the listing – and then works on you every week to reduce it.

Scrutinize the marketing strategy of home marketing for the Real Estate Agents courting your listing. What is the their internet strategy? 90% of all buyers search on the internet to buy – if your home does not have a strong presence there, it is less likely to have the buyer traffic needed to sell a waterfront or water view North Kingstown home!

Ask these questions of prospective Agents:

-Do they assign a showing agent or agents to show the house but like ‘their’ name on every for sale sign for their company…yet they never show up to show the house to the prospective client?
– Do they blog, post on a myriad of well founded web sites, featured on their own web site, do slideshows, virtual tours, videos, google mapped all to have your property found again & again? Those are the questions to ask and check out a current property they have on the market by GOOGLing the address. Do your homework sellers, please. It may be eye opening.
– Has the Real Estate Agent given you a ‘punch list’ of required to do’s before the house goes on the market and staging essentials to assure your home has the ‘attraction’ for buyers.

It is the North Kingstown agent who makes or breaks the selling of the waterfront or water view North Kingstown home- understand that fact first. Do not be afraid to fire your Real Estate Agent if they are not doing the job for you.

As a North Kingstown agentI have a ‘Performance Warranty’ if you are not happy with my sales effort, you can have your listing back. My expertise and strong internet and savvy marketing skills brings the highest prices for their home to my clients (client testimonials to prove it). Google any of my listings and see the broad view of what true internet marketing can do to showcase your home.

Ginny Lacey Gorman is your go to North Kingstown Real Estate agent for homes in North Kingstown RI and beyond…knowing the geographic area, schools, happenings,important tidbits of information and businesses well.

She’s the North Kingstown short sale agentto contact if your are underwater on your mortgage.

Waterfront, oceanfront, luxury and coastal RI homes for sale are her specialty but all of RI is her backyard. When you are in need of a good professional for your buying and selling needs and an internet savvy marketer who sells RI houses in this real estate market– call Ginny at 401.529.7849.

Comments

Thank you for sharing your expert opinion regarding pricing waterfront and water view North Kingstown RI homes Ginny. It just shows how professional and dedicated you are as North Kingstown Short Sale Agents.

As an agent who specializes in luxury waterfront property ,I agree with your philosophy for determining market value 100%. Listing a home close to true market value is always the best strategy to get a home sold. Whether it is a short sale , a traditional sale,or a REO ; for every month a property sits on market, the operating costs continue to add up negatively impacting the seller’s net as the property chases the market downward to reach it’s true market value.

It is refreshing to meet a Real Estate Agent with your conviction when it comes to servicing her clients in the luxury waterfront market in North Kingston. Accurately pricing the property is the first step to driving sales in today’s market.

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About Ginny

Attention Sellers!

Before you plan to sell your home understand the right selling price for your RI real estate is the best price buyers will pay for it. I will give you a comprehensive market analysis of current sold, pending and active properties in your market area. Just enter your information here for a quick response.

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